DTC and PORTAL. The Company will cooperate with the Initial Purchasers and use its reasonable best efforts to (i) permit the Shares to be eligible for clearance and settlement through the facilities of DTC and (ii) permit the Shares to be designated as PORTAL Securities in accordance with the ruled and regulations of the National Association of Securities Dealers, Inc.
Appears in 2 contracts
Sources: Purchase Agreement (Global Telesystems Group Inc), Purchase Agreement (Rhythms Net Connections Inc)